Demise of Independent Director - Dr. Alaka Keshav Deshpande (DIN:11238406)
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Aspira Pathlab & Diagnostics has informed the stock exchange about the sudden demise of Dr. Alaka Keshav Deshpande (DIN: 11238406), an Independent Director aged 79 years, who passed away on December 30, 2025. She was a member of three key board committees — Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee. Her death creates a vacancy on the board and all three committees, and the company will need to fill these positions as per SEBI LODR norms.
The loss of an Independent Director weakens board oversight and committee strength, particularly on the audit committee. Investors should watch for a timely appointment of a replacement Independent Director to ensure continued compliance with SEBI board composition requirements.